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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2016
Reconciliation of Revenue from Segments to Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

(in thousands)

  

2016

  

2015

  

2014

Mechanical Solutions - 3rd Party

 

$

112,022

 

$

122,593

 

$

145,910

Mechanical Solutions- Intersegment

 

 

— 

 

 

1,117

 

 

3,561

Mechanical Solutions - Total

 

 

112,022

 

 

123,710

 

 

149,471

Electrical Solutions - 3rd Party

 

 

75,559

 

 

93,057

 

 

77,280

Electrical Solutions- Intersegment

 

 

— 

 

 

— 

 

 

— 

Electrical Solutions - Total

 

 

75,559

 

 

93,057

 

 

77,280

Services - 3rd Party

 

 

231,007

 

 

373,353

 

 

315,863

Services - Intersegment

 

 

— 

 

 

— 

 

 

1,545

Services - Total

 

 

231,007

 

 

373,353

 

 

317,408

Intersegment Revenue Eliminations

 

 

— 

 

 

(1,117)

 

 

(5,106)

Consolidated

 

$

418,588

 

$

589,003

 

$

539,053

 

Reconciliation of Depreciation and Amortization to Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

(in thousands)

 

2016

  

2015

  

2014

Mechanical Solutions

 

$

2,313

 

$

3,002

 

$

2,829

Electrical Solutions

 

 

4,234

 

 

4,051

 

 

3,228

Services

 

 

1,925

 

 

3,158

 

 

3,148

Corporate

 

 

945

 

 

861

 

 

730

Consolidated

 

$

9,417

 

$

11,072

 

$

9,935

 

Reconciliation of Operating Income (Loss) from Segments to Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

(in thousands)

 

2016

  

2015

  

2014

Mechanical Solutions

 

$

2,230

 

$

(32,997)

 

$

5,116

Electrical Solutions

 

 

(8,739)

 

 

(27,542)

 

 

(3,623)

Services

 

 

 3

 

 

12,217

 

 

16,080

Corporate

 

 

(27,209)

 

 

(33,871)

 

 

(21,357)

Consolidated operating loss

 

 

(33,715)

 

 

(82,193)

 

 

(3,784)

 

 

 

 

 

 

 

 

 

 

Consolidated interest expense, net

 

 

8,398

 

 

4,484

 

 

1,820

Consolidated foreign currency gain

 

 

(217)

 

 

(1,014)

 

 

(65)

Consolidated other expense, net

 

 

15

 

 

12

 

 

34

Consolidated loss from continuing operations before income tax

 

$

(41,911)

 

$

(85,675)

 

$

(5,573)

 

Reconciliation of Assets from Segment to Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

December 31,

(in thousands)

 

2016

  

2015

Mechanical Solutions

 

$

67,360

 

$

89,545

Electrical Solutions

 

 

38,435

 

 

68,747

Services

 

 

111,792

 

 

122,640

Corporate

 

 

15,255

 

 

20,098

Total consolidated assets

 

$

232,842

 

$

301,030


(1)

While corporate headquarters assets are not allocated to our reportable segments, the related depreciation expense is included in our allocation of selling, general and administrative expenses to our reportable segments.

Mechanical Solutions  
Revenue By Geographical Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2016

 

2015

 

2014

 

 

 

Revenue

  

 

Product

  

 

Revenue

  

 

Product

  

 

Revenue

  

 

Product

(in thousands)

 

 

Recognized In

 

 

Shipped To

 

 

Recognized In

 

 

Shipped To

 

 

Recognized In

 

 

Shipped To

United States

 

$

44,247

 

$

37,749

 

$

93,895

 

$

47,482

 

$

102,956

 

$

59,425

Canada

 

 

— 

 

 

93

 

 

— 

 

 

3,362

 

 

— 

 

 

3,239

Europe

 

 

65,454

 

 

3,026

 

 

27,789

 

 

3,716

 

 

39,624

 

 

12,683

Mexico

 

 

2,321

 

 

5,091

 

 

895

 

 

3,151

 

 

— 

 

 

675

Asia

 

 

— 

 

 

19,105

 

 

14

 

 

25,422

 

 

3,330

 

 

17,109

Middle East

 

 

— 

 

 

39,619

 

 

— 

 

 

32,510

 

 

— 

 

 

35,333

South America

 

 

— 

 

 

5,431

 

 

— 

 

 

498

 

 

— 

 

 

3,404

Other

 

 

— 

 

 

1,908

 

 

— 

 

 

6,452

 

 

— 

 

 

14,042

Total

 

$

112,022

 

$

112,022

 

$

122,593

 

$

122,593

 

$

145,910

 

$

145,910

 

Electrical Solutions  
Revenue By Geographical Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2016

 

2015

 

2014

 

 

 

Revenue

  

 

Product

  

 

Revenue

  

 

Product

  

 

Revenue

  

 

Product

(in thousands)

 

 

Recognized In

 

 

Shipped To

 

 

Recognized In

 

 

Shipped To

 

 

Recognized In

 

 

Shipped To

United States

 

$

75,559

 

 

74,763

 

 

93,057

 

 

79,164

 

 

77,280

 

 

70,847

Canada

 

 

— 

 

 

281

 

 

— 

 

 

3,834

 

 

— 

 

 

1,089

Europe

 

 

— 

 

 

— 

 

 

— 

 

 

— 

 

 

— 

 

 

— 

Mexico

 

 

— 

 

 

492

 

 

— 

 

 

3,550

 

 

— 

 

 

1,000

Asia

 

 

— 

 

 

10

 

 

— 

 

 

1,776

 

 

— 

 

 

156

Middle East

 

 

— 

 

 

— 

 

 

— 

 

 

2,997

 

 

— 

 

 

3,136

South America

 

 

— 

 

 

13

 

 

— 

 

 

1,483

 

 

— 

 

 

256

Other

 

 

— 

 

 

— 

 

 

— 

 

 

253

 

 

— 

 

 

796

Total

 

$

75,559

 

$

75,559

 

$

93,057

 

$

93,057

 

$

77,280

 

$

77,280

 

Services  
Revenue By Geographical Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2016

 

2015

 

2014

 

 

 

Revenue

  

 

Service

  

 

Revenue

  

 

Service

  

 

Revenue

  

 

Service

(in thousands)

 

 

Recognized In

 

 

Provided In

 

 

Recognized In

 

 

Provided In

 

 

Recognized In

 

 

Provided In

United States

 

$

231,007

 

$

222,890

 

$

373,353

 

$

371,365

 

$

315,863

 

$

313,967

Canada

 

 

— 

 

 

— 

 

 

— 

 

 

400

 

 

— 

 

 

339

Mexico

 

 

— 

 

 

— 

 

 

— 

 

 

252

 

 

— 

 

 

— 

Asia

 

 

— 

 

 

3,983

 

 

— 

 

 

575

 

 

— 

 

 

247

Middle East

 

 

— 

 

 

— 

 

 

— 

 

 

39

 

 

— 

 

 

186

South America

 

 

— 

 

 

4,134

 

 

— 

 

 

687

 

 

— 

 

 

170

Other

 

 

— 

 

 

— 

 

 

— 

 

 

35

 

 

— 

 

 

954

Total

 

$

231,007

 

$

231,007

 

$

373,353

 

$

373,353

 

 

315,863

 

$

315,863